Top50-Solar

Struggling Spire Corporation’s CFO to leave

Jan 26, 2015

Struggling PV module assembly equipment specialist, Spire Corporation said in an SEC filing that it’s CFO, Robert S. Lieberman would be leaving the company.

STR Holdings plans reverse stock split to avoid NYSE de-listing

Jan 26, 2015

PV module encapsulant material provider, STR Holdings, has said it is to undertake a reverse stock split of its NYSE listed shares in a bid restore its share price above the US$1.0 minimum threshold.

Obama hints at more finance for Indian solar

Jan 26, 2015

The leaders of the US and India have reasserted their ongoing clean energy partnership with President Obama hinting at additional financial support during meetings in India.

Chilean developer submits plan for 24/7 PV-plus-pumped storage plant

Jan 26, 2015

Chilean authorities have received plans for an ambitious 600MW PV plant project which could be connected to a 300MW pumped hydro energy storage plant, from developer Valhalla Energy.

GCL-Poly signs new supply deal with Chaori Solar

Jan 26, 2015

The PV industry’s largest polysilicon and solar wafer producer, GCL-Poly Energy Holdings has signed its eighth supply contract with bankrupt PV module manufacturer, Shanghai Chaori Solar. GCL-Poly is in the process of becoming a majority shareholder in the struggling firm.

Qatar set to announce 200MW solar tender - reports

Jan 26, 2015

Qatar is close to opening a long-awaited tender for 200MW of solar power capacity, according to local media reports.

PV sector urged to turn up volume ahead of key Paris climate talks

Jan 26, 2015

A leading figure in European PV technology research has urged the global solar industry to pull together to make itself heard at the COP 21 climate change talks in Paris later this year.

Next edition of the ITRPV changes focus

Jan 26, 2015

The 2015 edition of the SEMI International Technology Roadmap for PV (ITRPV), which will be released during SNEC in Shanghai in late April, will incorporate several key changes to its technology focus.

Japan to set renewable energy targets despite nuclear creeping back in

Jan 26, 2015

Japan will produce definitive targets for renewable energy this year, according to a government official. The country’s government has taken criticism from pro-renewable energy groups for not doing so previously.

Schmid Group opens Argentina operations to support new factory

Jan 23, 2015

Schmid Group has followed the start of construction of a new photovoltaics factory in Argentina by opening offices and a warehouse to support the new facility.

Solarserver

Total, SunPower celebrate completion of 70 MW Salvador Solar PV plant in Chile

Jan 26, 2015

Total (Paris, France) and SunPower Corp. (San Jose, CA, US) on January 23rd, 2015 announced the completion of the 70 megawatt PV Salvador solar photovoltaic (PV) project, one of the world's largest operating merchant PV plants. PV Salvador power plant is expected to produce approximately 200 gigawatt-hours of solar power per year, enough to supply electricity to approximately 70,000 households in Chile.

Hanwha SolarOne amends shareholder circular to reflect restructuring of Q Cells; German site will cease production as of March 1st, 2015

Jan 26, 2015

Hanwha SolarOne Co., Ltd. (Shanghai, China), a top-10 global photovoltaic (PV) manufacturer on January 23rd, 2015 announced that it will file with the Securities and Exchange Commission supplemental information to the shareholder circular dated December 24th, 2014 regarding the proposed acquisition of Hanwha Q CELLS Investment Co. The supplement highlights, among other things:

United PV announces USD 67 million convertible bonds subscription agreement, acquisition of an 80 MW PV plant

Jan 26, 2015

United Photovoltaics Group Limited (Hong Kong), whose largest shareholder is China Merchants New Energy Group (CMNE), a leading solar photovoltaic (PV) plant investor and operator in China, on January 26th, 2015 announced that the Company entered into a formal subscription agreement with China Merchants Fund Management Co. Ltd under China Merchants Bank Co. Ltd to issue convertible bonds in the principal amount of up to RMB 420 million (USD 67 million), which comes from the "CM Fund: New Energy Special-purpose Asset Management Plan I"

PV in the UK: Over 125,000 homes went solar in 2014, overall installations reached 700 MW

Jan 26, 2015

The UK Department of Energy and Climate Change (DECC) have published their latest statistics on small-scale solar photovoltaic (PV) installations on January 23rd, 2015, showing that over 125,000 homes put solar on their roof last year. The numbers also show that a total of 700 MW of solar, the equivalent of powering 212,000 homes was installed on buildings and in ground-mounted solar farms thanks to the Feed-in Tariff over the course of the year, the Solar Trade Association (STA) notes.

Hyundai Heavy Industries to license and manufacture solar PV modules with Andalay Solar’s frame technology

Jan 26, 2015

Andalay Solar (San Jose, California, US), a supplier of integrated solar photovoltaic (PV) power systems, has entered into a Memorandum of Understanding (MOU) with Hyundai Heavy Industries Company Ltd. (Ulsan, South Korea) whereby Hyundai intends to license and manufacture solar modules using Andalay's “Instant Connect” frame technology. The new Hyundai-branded TG-Series solar PV modules are expected to use 60-cell monocrystalline or polycrystalline technology (255 W–280 W) with a black Andalay frame, and will be manufactured in South Korea with an initial annualized capacity of over 50 MW.

WINAICO remains hopeful despite US ITC tariff decision for Taiwan’s solar PV industry

Jan 26, 2015

Despite the US International Trade Commission’s final tariff decision for solar photovoltaic (PV) modules using Taiwanese components, WINAICO, a globally leading PV module brand by the semiconductor company, Win Win Precision Technology Co., Ltd. (Hsinchu, Taiwan), remains hopeful that Taiwan solar industry can find a Win-Win solution by bringing technically differentiated and high efficiency solar products for the benefit of the US solar industry.

Abengoa, AWT to develop the world’s first solar PV powered desalination plant in Saudi Arabia

Jan 23, 2015

Abengoa (Madrid, Spain), has been selected by Advanced Water Technology (AWT) to jointly develop a large-scale desalination plant to be powered by solar energy in Saudi Arabia. The plant will produce 60,000 m3 of water a day to supply Al Khafji City in North Eastern Saudi Arabia, ensuring a constant water supply throughout the year.

HelioSage, Gulf Power announce PV projects totaling 120 MW in Florida

Jan 23, 2015

HelioSage Energy Charlottesville (Virginia, US), a developer of utility scale solar PV projects, and Gulf Power Company (Pensacola, Florida, US) a Florida investor-owned electric utility and subsidiary of Southern Company on January 22nd, 2015 announced the development of three large-scale solar photovoltaic (PV) projects across Northwest Florida totaling 120 megawatt (MW). The PV facilities will be constructed at Eglin Air Force Base in Fort Walton Beach (30 MW), Holley Naval Outlying Landing Field in Navarre (40 MW), and Saufley Naval Outlying Landing Field in Pensacola (50 MW).

Enviromena CEO: “Volatile price of oil demonstrates that solar is a dependable choice”

Jan 23, 2015

Sami Khoreibi, CEO of Enviromena Power Systems, a UAE‐based international solar photovoltaic (PV) integrator, highlighted the consistent cost of producing solar power in comparison to the volatile long‐term cost of hydrocarbons in ‘The Next Wave of Growth Markets’ panel discussion at the World Future Energy Summit on January 21st, 2015. “Solar plants are no longer being built as flagship or environmental projects. Costs of production have fallen significantly over the past few years, and solar now makes sense from an economic point of view,” commented Sami at the panel, moderated by Michael Liebreich, Bloomberg New Energy Finance.

Trina Solar judges ITC's final determination on duties on imports of PV products from China as wrong, unfair

Jan 23, 2015

Trina Solar Limited (Changzhou, China) on January 22nd, 2015 published a statement regarding the affirmative final determination of the U.S. International Trade Commission (ITC) on January 21st, 2015 that imports of certain crystalline silicon photovoltaic (PV) products from mainland China and Taiwan materially injure the domestic industry. “Trina Solar believes that the final determinations made by the ITC and the DOC are both wrong and unfair. Trina Solar is in discussions with its legal advisers and other parties regarding whether to file an appeal to the final determinations issued by the DOC and the ITC”, the company announced in a press release.